JOB CREATION BY PRESIDENT AND PARTY

[mikekohr]

MONTHLY JOB CREATION RECORDS BY PRESIDENT AND PARTY

Many Americans are aware that George W. Bush has had the worst job creation record since the government began tracking these figures in 1939. But Bush's colossal failure to manage the economy overshadows a much larger story. The record shows two unmistakable patterns:

1). Every time a Republican succeeds a Democrat in the White House, the job creation rate plummets.

2). Every time a Democrat succeeds a Republican in the White House, the job growth rate soars. Every time! No exceptions!

Over the last seventy years, the decrease in monthly job creation when a Republican succeeds a Democrat is 68,913



Considering the steady growth in population of the United States during this time frame the job creation rate should steadily increase each month (currently it must grow by 138,000 per month to keep up with population growth). This trend only manifests itself when examining Democratic administrations:

Listed below is the average job growth increase for all terms served:

Democratic Record:
Truman +86,500
Kennedy +100,000
Johnson +191,666
Carter +216,666
Clinton +241,666
------------------
+167,200
Jobs gained per month


Republican Record:
Eisenhower +36,500
Nixon +141,666
Reagan +166,666
G. H. Bush +52,083
G. W. Bush +31,250
------------------------
63,853
Jobs gained per month






By: michael kohr Graphics by: Bonny Kohr 1/16/2009

http://blogs.wsj.com/economics/2009/01/09/bush-on-jobs-the-worst-track-record-on-record/
Wall Street Journal